Vehicle – Moov Logistics News

Toyota speeds up electrified vehicle schedule as demand heats up

by Jack Smith - June 7, 2019June 7, 2019 0503

TOKYO (Reuters) - Toyota Motor Corp aims to have half of its global sales from electrified vehicles by 2025, five years ahead of schedule, and said it will tie up with Chinese battery makers to accommodate an accelerated shift to electric power. The change illustrates both the breakneck growth in the

US tariffs could cost German automakers $7 billion a year

by Kunle Junaid - February 22, 2019February 22, 2019 0590

A worker passes the production line for Mercedes-Benz AG Sprinter vans during assembly at the Gaz auto plant, operated by Gaz Group, in Nizhny Novgorod, Russia, on Tuesday, June 16, 2015. The economy may shrink for two years in a row for the first time under Putin if oil stays

Toyota Motor aims to boost sales in China by 8 percent this year

by Kunle Junaid - January 25, 2019January 25, 2019 0606

BEIJING (Reuters) - Toyota Motor Corp aims to raise vehicle sales in China by 8 percent to 1.6 million this year, the Japanese automaker said on Friday. Toyota sold 1.47 million vehicles in China last year, up 14.3 percent from 2017. Toyota’s forecast comes at a time when automakers in China

Ford goes local in India, aims for bigger slice of competitive market

by Kunle Junaid - November 6, 2018November 6, 2018 0616

Ford Motor Co made a profit in India for the first time in a decade in the last fiscal year, signaling that a strategy conceived two years ago by the U.S. car manufacturer for one of the world’s most competitive car markets is starting to show some success. Under an initiative

Zero Motorcycles’ 2019 line-up boasts more power and longer range

by Tola Ojobo - October 24, 2018October 24, 2018 0637

Zero Motorcycles has made a name for itself by producing electric bikes that appeal to motorcycle enthusiasts as well as alternative fuel fans. Its bikes have been a hit with thrill seekers and commuters alike, and its newly-announced 2019 line-up makes it easy to see why the company is consistently performing

Toyota car fault prompts massive recall

by Tola Ojobo - October 5, 2018October 5, 2018 0679

Japanese car giant Toyota has announced a recall of more than 2.4 million hybrid vehicles worldwide because of a fault in their systems that could cause them to lose power. The recall of Prius and Auris cars includes 1.25 million in Japan, 830,000 in North America and 290,000 in Europe, of

Electric cars cast growing shadow on profits

by Tola Ojobo - October 2, 2018October 2, 2018 0608

FILE PHOTO: The EQC, the first fully electric Mercedes car is shown at a presentation in Stockholm, Sweden September 4, 2018. REUTERS/Esha Vaish/File Photo Electric cars are poised to arrive en masse in European showrooms after years of hyped concept-car launches and billions in investment by automakers and suppliers. Now comes the

Beetle: Volkswagen’s iconic car comes to the end of the road

by Tola Ojobo - September 14, 2018September 14, 2018 0838

In recent years its production moved away from Europe to Mexico, closer to its key US market. Volkswagen is ending production of its Beetle in 2019, closing the door on one of the world's most iconic car designs. The German company said output would end at its plant in Mexico next July

Mercedes Brings Hands-Free Driving to Its 40-Ton Highway Hauler

by Tola Ojobo - September 5, 2018September 5, 2018 0779

Mercedes-Benz Actros 1863 LS 4x2, Exterior,antique red metallic, L-Cab, SoloStar Concept, GigaSpace, OM 473 Euro VI rated at 460 kW/625 hp, displacement 15.6 l, 12-speed Mercedes PowerShift transmission 3, Active Brake Assist 5, Proximity Assist, Traffic-Sign-Recognition-Assist, Lane Keeping Assist, Stability Assist, Attention Assist, Active Drive Assist, MirrorCam, Multimedia Cockpit interactive,

Electric Mercedes opens German assault on Tesla

by Tola Ojobo - September 4, 2018September 3, 2018 0675

FILE PHOTO: A Tesla Model S electric car is seen at its dealership in Seoul, South Korea July 6, 2017. REUTERS/Kim Hong-Ji/File Photo Mercedes-Benz is set to unveil its much-anticipated electric SUV on Tuesday, marking the start of a German onslaught against Tesla’s dominance of the fast-growing market for premium battery cars. Daimler-owned Mercedes,